FIEM Industries Ltd consolidated Q1FY23 PAT slips QoQ to Rs. 29.11 crores

Fiem Industries Limited has reported Consolidated financial results for the period ended June 30, 2022.

Financial Results (Q1 FY2023) - QoQ Comparison

The company has reported total income of Rs. 445.4748 crores during the period ended June 30, 2022 as compared to Rs. 490.0924 crores during the period ended March 31, 2022.

The company has posted net profit / (loss) of Rs. 29.1127 crores for the period ended June 30, 2022 as against net profit / (loss) of Rs. 33.7108 crores for the period ended March 31, 2022.

The company has reported EPS of Rs. 22.12 for the period ended June 30, 2022 as compared to Rs. 25.62 for the period ended March 31, 2022.

Financials	Q1 FY2023	Q4 FY2022	% Change
Total Income	₹445.4748 crs	₹490.0924 crs	-9.10%
Net Profit	₹29.1127 crs	₹33.7108 crs	-13.64%
EPS	₹22.12	₹25.62	-13.66%

Financial Results (Q1 FY2023) - YoY Comparison

The company has reported total income of Rs.445.4748 crores during the period ended June 30, 2022 as compared to Rs.275.0225 crores during the period ended June 30, 2021.

The company has posted net profit / (loss) of Rs.29.1127 crores for the period ended June 30, 2022 as against net profit / (loss) of Rs.10.8996 crores for the period ended June 30, 2021.

The company has reported EPS of Rs.22.12 for the period ended June 30, 2022 as compared to Rs.8.28 for the period ended June 30, 2021.

Financials	Q1 FY2023	Q1 FY2022	% Change
Total Income	₹445.4748 crs	₹275.0225 crs	61.98%
Net Profit	₹29.1127 crs	₹10.8996 crs	167.10%
EPS	₹22.12	₹8.28	167.15%

Shares of Fiem Industries Limited was last trading in BSE at Rs. 1488.55 as compared to the previous close of Rs. 1577.15. The total number of shares traded during the day was 18037 in over 2475 trades.

The stock hit an intraday high of Rs. 1568.00 and intraday low of 1462.00. The net turnover during the day was Rs. 27348968.00.

Source : Equity Bulls

Keywords

FiemIndustries Q1FY23 ResultUpdate